\documentclass[]{article}
\setlength{\pdfpagewidth}{8.5in} \setlength{\pdfpageheight}{11in}
\begin{document}
\begin{tabular}{lccc} \hline
 & (1) & (2) & (3) \\
VARIABLES & FD\_l\_mu\_sepcal\_TL\_sFSQ\_t1\_w & FD\_l\_mu\_sepcal\_TL\_sFSQ\_t1\_w & FD\_l\_mu\_sepcal\_TL\_sFSQ\_t1\_w \\ \hline
 &  &  &  \\
FD\_mc\_pmu\_w & -0.0914*** & -0.0913*** & -0.0958*** \\
 & (0.00843) & (0.00856) & (0.00883) \\
Constant & -0.000817 & -0.000816*** & -0.000848*** \\
 & (0.00264) & (5.34e-05) & (5.56e-05) \\
 &  &  &  \\
Observations & 178,368 & 178,368 & 178,183 \\
R-squared & 0.116 & 0.120 & 0.148 \\
Market FE & No & No & No \\
Year FE & No & Yes & No \\
Market*Year FE & No & No & Yes \\
Firm FE & No & No & No \\
Cluster & Firm Year & Firm Year & Firm Year \\
R2 & 0.116 & 0.120 & 0.148 \\
adj-R2 & 0.116 & 0.120 & 0.137 \\
with-R2 & 0.116 & 0.116 & 0.122 \\
 with-adj-R2 & 0.116 & 0.116 & 0.122 \\ \hline
\multicolumn{4}{c}{ Robust standard errors in parentheses} \\
\multicolumn{4}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
\end{document}
